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Letter "B" » Bill Dreher Quotes
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«Despite higher gasoline prices, Wal-Mart was able to raise guidance for the second-quarter which is particularly noteworthy because that's also the period that they will have to deal with the lion's share of the gas impact.»
Author: Bill Dreher
«Clearly the last 10 days before Christmas were very strong and allowed retailers to achieve their sales plans for the month despite the lack of aggressive promotions we saw in 2002.»
Author: Bill Dreher
«In the game of chicken between retailers and consumers, with one looking to improve profit margins and the other holding out for discounts, it would appear that the consumer blinked. The initial read on the fourth quarter is that profits should come in better than anticipated.»
Author: Bill Dreher
«Any retailer who could not surpass expectations last month has to have company-specific problems. September was simply a stellar month.»
Author: Bill Dreher
«He (Lacy) was dealing with a deceitful department head who sounds like he was hiding some bad news, ... Our feeling is Alan Lacy is being very forthcoming and straightforward with the problems, and is tackling them very aggressively. But we're not convinced that's going to be enough to immediately restore investor confidence in shares.»
Author: Bill Dreher
«The tire business did break even on a cash basis but not on a full-loaded cost basis, or the total costs incurred to run that business.»
Author: Bill Dreher
«The back-to-school season started with a bang and we're expecting robust sales in September because the consumer appeared to be flooded with cash.»
Author: Bill Dreher
«It's clear that the company is redoubling efforts to strengthen itself and build a competitive advantage. Anything that distracts the management from doing just that will be de-emphasized. The sale of its National Tire and Battery unit is a step in that direction.»
Author: Bill Dreher
«You tend to mark down stuff when you're stuck,»
Author: Bill Dreher
«We knew today was going to be a disaster. What surprises us was how bad it was was.»
Author: Bill Dreher
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